Scaling Up Big Time

The humble side hustle, a staple for of millions of Americans.  The source of extra income and spending money for many; but what if there was a way to turn a side hustle into a main squeeze?  Speaking with business experts around the country Business Company Magazine was able to discover that there is a way to go from side hustle to something bigger.  The secret, our experts shared with us, is size. 

Dr. Thomas Ranklin, is a distinguished professor of Economics at Barlson Junior College, just outside of Toledo, OH, and he shared some of his profound economic insights with us. 

“What most people don’t realize that in order to scale up their business, they need to make it heavier, meaning they need a bigger scale to weigh it on, and making it heavier means they need more stuff.  This may come as a surprise to many thinking about scaling up their business, but the first thing many of those people might need to do is go buy a weigh scale; everyone seems to forget that step of weighing all their stuff, so they know how much they have to scale up, to then have more stuff than before.” 

More stuff, that’s the secret sauce right there.  The surprising part of scaling a small business into a large business is it actually has to get bigger.  That’s it.  Larger amounts.  Larger purchases.  Larger working hours.  Larger computer monitors.  Larger bills.  Larger widgets.  It’s hard to see but that’s literally the magic behind scaling. 

We asked Dr. Ranklin if there was anything about supply and demand, capacity, hiring, or creating a market that should be considered in scaling up a business and he replied, “I don’t know, you could go ask the english department.”